Zcash Gains 11.80% Before NU7 Activates at Block 3,543,405
Photo: TokenPost
Zcash (ZEC) climbed 11.80% in 24 hours to $1,266 on Binance’s spot market at 1:25 a.m. ET (06:25 UTC) Nov. 4, ahead of the network’s NU7 upgrade. NU7 is set to activate when the mainnet reaches block 3,543,405. The activation trigger is a block height rather than a calendar date, so the date depends on when the network reaches that point. The upgrade would shorten target spacing between blocks from 75 seconds to 25 seconds, a reduction of 50 seconds. The new target interval is one-third as long as the current one. The Zcash Foundation released Zebra 7.0.0 on Oct.
Source: TokenPost
